Presentation is loading. Please wait.

Presentation is loading. Please wait.

Seattle: Creating Progressive Funding for Urgent Public Needs

Similar presentations


Presentation on theme: "Seattle: Creating Progressive Funding for Urgent Public Needs"— Presentation transcript:

1 Seattle: Creating Progressive Funding for Urgent Public Needs
John Burbank Economic Opportunity Institute June 14, 2017

2 What’s Wrong with Regressive Taxes: Our tax system punishes poor and middle class residents and rewards the wealthy

3

4

5

6

7

8

9

10

11

12

13

14

15

16 Early Learning and Child Care
current wages modest improvement closer to K-12 standards Supervisors $ $ $ Lead Teachers $ $ $ Assistant Teachers $ $ $

17 Seattle: Why We Need An Income Tax
The Problem: We have the most regressive state and local tax system in the country We are unable to raise the revenues necessary for education and social services We are in a perpetual fiscal crisis. Adding to the Problem: The Legislature will not put in place an income tax.

18 What urgent needs could the income tax finance for housing, homelessness, and the green economy?
Build and preserve affordable housing $50,000,000 Fund tiny house villages $10,000,000 Fund the Equitable Development Initiative $10,000,000 City contributions to community land trusts (purchase of land and properties) $10,000,000 Weatherization/solarization for rental housing $15,000,000 Seattle Schools Retrofit $ 5,000,000 Community solar programs $ 5,000,000

19 What urgent educational needs could the income tax finance for education?
Free community college tuition $16,000,000 Universal Pre-K $50,000,000 Career and wage ladder for child care teachers and caregivers $ 5,000,000 Transit passes for all students $ 5,000,000 Safe Routes to Schools – sidewalks $ 5,000,000 Total $186,000,000

20 It’s up to you to decide how Seattle can meet our urgent public services while not pushing more regressive taxes onto the middle class and working class families in our city.


Download ppt "Seattle: Creating Progressive Funding for Urgent Public Needs"

Similar presentations


Ads by Google